, Oakland, CA 94606

  • $1,100,000
, Oakland, CA 94606
Active
, Oakland, CA 94606
, Oakland, CA 94606
  • $1,100,000

Description

This property is a dynamic cash flow machine, as it generates a true 5% Capitalization Rate on the existing financials and is located in the very desirable Highland Heights Neighborhood less than 5 minutes away from Highland Hospital making for an extremely strong rental demand. The unit mix is outstanding, comprised of 5 very large 2bd/1ba apartments with on-site parking for each unit and the property also has onsite laundry.  Two of the units are rented close to market and the other Three are under market, which means there is also  upside value in the rents.

  • Address
  • City Oakland
  • State/county CA
  • Zip/Postal Code 94606

Details

Updated on September 30, 2024 at 6:45 pm
  • Property ID: 40845547
  • Price: $1,100,000
  • Land Area: 0.16 Acres
  • Garage Size: x x
  • Year Built: 1964
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Contact Information

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Hoyt Hochman

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  • Hoyt Hochman